JSET.L vs. VHYL.L
JSET.L (JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc)) and VHYL.L (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) are both Dividend funds. JSET.L is actively managed, while VHYL.L is passively managed. Over the past 5 years, JSET.L returned 1.84%/yr vs 12.03%/yr for VHYL.L. At a 0.19 correlation, their price movements are largely independent. JSET.L charges 0.08%/yr vs 0.29%/yr for VHYL.L.
Performance
JSET.L vs. VHYL.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JSET.L achieves a -1.70% return, which is significantly lower than VHYL.L's 12.87% return.
JSET.L
- 1D
- -0.70%
- 1M
- -1.59%
- 6M
- -1.17%
- YTD
- -1.70%
- 1Y
- -0.09%
- 3Y*
- 2.93%
- 5Y*
- 1.84%
- 10Y*
- —
VHYL.L
- 1D
- -0.88%
- 1M
- 0.07%
- 6M
- 9.96%
- YTD
- 12.87%
- 1Y
- 25.67%
- 3Y*
- 17.08%
- 5Y*
- 12.03%
- 10Y*
- 9.75%
JSET.L vs. VHYL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
JSET.L JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc) | -1.70% | 7.88% | -0.75% | 1.33% | 5.03% | -6.82% | 5.33% | -4.77% | -10.78% |
VHYL.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 12.87% | 18.23% | 11.22% | 5.25% | 5.95% | 19.23% | -3.53% | 17.00% | -4.64% |
Correlation
The correlation between JSET.L and VHYL.L is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2018 | 0.19 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JSET.L vs. VHYL.L — Risk / Return Rank
JSET.L
VHYL.L
JSET.L vs. VHYL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc) (JSET.L) and Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYL.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JSET.L | VHYL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.96 | ||
| Sortino ratioReturn per unit of downside risk | -3.95 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.56 | -0.56 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 3.68 | -3.71 |
| Martin ratioReturn relative to average drawdown | -0.08 | 13.28 | -13.36 |
Loading charts...
Drawdowns
JSET.L vs. VHYL.L - Drawdown Comparison
The maximum JSET.L drawdown since its inception was -18.28%, smaller than the maximum VHYL.L drawdown of -27.87%. Use the drawdown chart below to compare losses from any high point for JSET.L and VHYL.L.
Loading charts...
Drawdown Indicators
| JSET.L | VHYL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.28% | -27.87% | +9.59% |
Max Drawdown (1Y)Largest decline over 1 year | -2.70% | -6.95% | +4.25% |
Max Drawdown (3Y)Largest decline over 3 years | -14.03% | -12.79% | -1.24% |
Max Drawdown (5Y)Largest decline over 5 years | -14.03% | -12.79% | -1.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.87% | — |
Current DrawdownCurrent decline from peak | -7.86% | -0.91% | -6.95% |
Average DrawdownAverage peak-to-trough decline | -12.12% | -3.58% | -8.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 1.93% | -0.88% |
Volatility
JSET.L vs. VHYL.L - Volatility Comparison
The current volatility for JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc) (JSET.L) is 1.01%, while Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VHYL.L) has a volatility of 1.94%. This indicates that JSET.L experiences smaller price fluctuations and is considered to be less risky than VHYL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JSET.L | VHYL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 1.94% | -0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 2.79% | 7.01% | -4.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.98% | 8.70% | -4.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.13% | 10.76% | -0.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.08% | 12.99% | -2.91% |
JSET.L vs. VHYL.L - Expense Ratio Comparison
JSET.L has a 0.08% expense ratio, which is lower than VHYL.L's 0.29% expense ratio.
Dividends
JSET.L vs. VHYL.L - Dividend Comparison
JSET.L has not paid dividends to shareholders, while VHYL.L's dividend yield for the trailing twelve months is around 2.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JSET.L JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VHYL.L Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 2.54% | 2.79% | 3.08% | 3.37% | 3.67% | 3.08% | 3.28% | 3.34% | 3.63% | 3.09% | 2.88% | 3.20% |
Frequently Asked Questions
JSET.L and VHYL.L have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JSET.L is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JSET.L is cheaper with a 0.08% expense ratio, compared with 0.29% for VHYL.L.
They also come from different issuers: ETF Issuer and Vanguard. Their fees differ too: 0.08% for JSET.L and 0.29% for VHYL.L.
Find the right allocation for JSET.L and VHYL.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer